Trump Rings NYSE and Nasdaq Bells as 33% Approve His Economic Leadership
Updated
Updated · WRAL News · Jul 6
Trump Rings NYSE and Nasdaq Bells as 33% Approve His Economic Leadership
3 articles · Updated · WRAL News · Jul 6
Summary
From the Oval Office, Donald Trump is set to ring the opening bells for both the NYSE and Nasdaq on Monday, using the event to promote new Trump Accounts tied to stock-index investing for children.
The White House push aims to link Trump more closely to market gains before the November midterms, even as inflation weighs on his standing and only 33% of U.S. adults approve of his economic leadership.
Treasury Secretary Scott Bessent has pitched the accounts as a way to broaden stock ownership, noting 38% of American adults do not own stocks directly.
The sales pitch faces a political gap: the S&P 500 rose 17.9% in 2025 and about 10% so far this year, but stock gains are concentrated among wealthier households and many benefits are locked in retirement accounts.
Inflation remains the broader threat to Trump’s message, with consumer prices up 4.2% over 12 months from 3% when his second term began in January 2025.